American Airlines, subsidiaries to pay $24.9 million to settle FAA claims
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American Airlines and three subsidiaries have agreed to pay $24.9 million to the Federal Aviation Administration to settle more than $162 million in claims that the agency had lodged against the airline company.
The settlement, filed late Thursday afternoon in U.S. Bankruptcy Court in New York City, must be approved by U.S. Bankruptcy Judge Sean Lane.
“We are pleased to have reached a settlement with the FAA concerning its proof of claim filed as part of our restructuring process,” … [visit site to read more]